Connecticut
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Connecticut Real Estate Values & Housing Market Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Average Home Values

Median Home Value:
$266,306

Number Of Homes And Apartments:
1,361,755

Connecticut Home Prices

Value Range
> $1,048,077 4.1
$786,067 - $1,048,077 2.8
$524,002 - $786,066 7.5
$419,203 - $524,001 7.7
$314,386 - $419,202 15.5
$209,628 - $314,385 25.8
$104,777 - $209,627 28.9
$52,461 - $104,776 4.7
$0 - $52,460 2.9

Connecticut Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2019 Q1 - 2019 Q2
1.64% 6.73%
4
Last 12 Months:
2018 Q2 - 2019 Q2
3.30% 3.30%
2
Last 2 Years:
2017 Q2 - 2019 Q2
4.46% 2.20%
1
Last 5 Years:
2014 Q2 - 2019 Q2
8.60% 1.66%
1
Last 10 Years:
2009 Q2 - 2019 Q2
-2.41% -0.24%
1
Since 2000:
2000 Q1 - 2019 Q2
57.88% 2.40%
2
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,514 / per month

Homeownership Rate

Homeownership
Owners 64.44
Renters 35.56
Vacant 9.68

Housing Details

Age of Homes

AGE OF Connecticut HOMES
2000 or Newer 8.5
1970 - 1999 33.6
1940 - 1969 35.5
1939 or Older 22.4

Types of Homes

TYPE OF Connecticut HOMES
Single-Family 59.2
Townhomes 5.4
Small Apt. Buildings 16.8
Apt. Complexes 17.8
Mobile Homes 0.8
Other 0.0

Home Size

SIZE OF Connecticut HOMES
No Bedroom 2.22
1 Bedroom 12.39
2 Bedrooms 27.15
3 Bedrooms 36.45
4 Bedrooms 17.21
5 or more bedrooms 4.58